PM orders plan to assist Vietnam Airlines' survival

PM orders plan to assist Vietnam Airlines' survival

Prime Minister Pham Minh Chinh has asked the Commission for the Management of State Capital at Enterprises (CMSC) to submit a plan this month for resolving problems facing Vietnam Airlines.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam PM asks major groups, corporations to turn higher profit

Vietnam PM asks major groups, corporations to turn higher profit

State-owned groups and corporations with large resources that take on important missions must restructure to become profitable, thus contributing more to the country’s GDP growth and budget revenue, said Prime Minister Pham Minh Chinh on Monday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam to handle 2-3 ailing banks, industrial projects this year

Vietnam to handle 2-3 ailing banks, industrial projects this year

The State Bank of Vietnam (SBV) and the Commission for the Management of State Capital at Enterprises (CMSC) will have to finish the handling of at least two to three banks and industrial projects by the end of this year, according to a government decision.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

China Rare Earth Group seeks cooperation opportunities in Vietnam

China Rare Earth Group seeks cooperation opportunities in Vietnam

State-owned China Rare Earth Group Co. is eyeing cooperation opportunities with Vietnam's mining giant Vinacomin, said the former's deputy general manager Hu Guhua.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam Railways set 2023 profit target of $127,000

Vietnam Railways set 2023 profit target of $127,000

State-owned group Vietnam Railways has been asked to achieve revenue and after-tax profit of VND6.51 trillion ($275.3 million) and VND3 billion ($127,000) this year, respectively.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Airbus to deliver 50 narrow-body aircraft to Vietnam Airlines from 2025

Airbus to deliver 50 narrow-body aircraft to Vietnam Airlines from 2025

Airbus S.A.S should deliver narrow-body aircraft to Vietnam Airlines from 2025 to boost the carrier's recovery and growth post pandemic, said a state capital management official.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

19 SOEs see H1 state budget contribution up 8%

19 SOEs see H1 state budget contribution up 8%

Nineteen state-owned enterprises under the Commission for the Management of State Capital at Enterprises (CMSC) paid about VND31.9 trillion (over $1.36 billion) to the state budget in this year’s first half, up 8% year-on-year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7